27,913 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Acquired by Summit Financial LLC
Summit Financial LLC purchased a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 27,913 shares of the investment management company's stock, valued at approximately $423,000.
Summit Financial LLC purchased a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 27,913 shares of the investment management company's stock, valued at approximately $423,000.
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Other hedge funds also recently modified their holdings of the company. Signaturefd LLC raised its holdings in shares of Golub Capital BDC by 0.7% in the 4th quarter. Signaturefd LLC now owns 106,746 shares of the investment management company's stock worth $1,618,000 after purchasing an additional 704 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Golub Capital BDC by 1.1% in the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company's stock valued at $1,101,000 after buying an additional 769 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Golub Capital BDC by 36.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock valued at $47,000 after acquiring an additional 827 shares during the last quarter. Mattern Wealth Management LLC boosted its stake in shares of Golub Capital BDC by 7.7% during the 4th quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock worth $212,000 after acquiring an additional 1,000 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of Golub Capital BDC by 0.9% in the 3rd quarter. EP Wealth Advisors LLC now owns 186,618 shares of the investment management company's stock worth $2,820,000 after acquiring an additional 1,617 shares during the last quarter. 42.38% of the stock is currently owned by institutional investors and hedge funds.
Golub Capital BDC Stock Down 2.2 %
Shares of NASDAQ:GBDC opened at $14.82 on Friday. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The company has a market cap of $3.93 billion, a PE ratio of 10.74 and a beta of 0.50. The firm has a 50 day simple moving average of $15.37 and a 200 day simple moving average of $15.27.
Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. As a group, research analysts expect that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.
Golub Capital BDC Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 10.53%. Golub Capital BDC's dividend payout ratio (DPR) is presently 113.04%.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $16.17.
View Our Latest Stock Analysis on GBDC
Golub Capital BDC Profile
(Free Report)Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.
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